Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game

Deibel argues that buying a small profitable business can be a better entrepreneurial path than starting from zero, and he walks through sourcing, evaluating, financing, and growing an acquisition.

What stuck

• Buying a real business can be a more rational path than romanticizing the zero-to-one story.
• The edge often comes from careful underwriting and patient improvement, not invention alone.